Turkey Luxury Car Market Size & Outlook, 2025-2033


Turkey Luxury Car Market Insights

  • Deep Market Insights analysis indicates that the Turkey Luxury Car Market size, valued at USD 8.88 Billion in 2024, is expected to expand to USD 15.93 Billion by 2033.
  • The Turkey market is forecasted to expand at a CAGR of 6.69% spanning 2025–2033.
  • ICE Luxury held the leading position among Propulsion segments in 2024, based on market size.
  • Hybrid is projected to post the fastest growth rate, sustaining its position as the most attractive Propulsion segment during the forecast horizon.

Other Key Findings


  • Turkey contributed 0.67% to the global Luxury Car Market size in 2024.
  • By 2033, United States is forecasted to remain the largest global market for Luxury Car Market.
  • In Middle East and Africa, United Arab Emirates is projected to capture the leading share of market size by 2033.
  • Among Middle East and Africa markets, Nigeria is expected to post the fastest growth, reaching USD 11.93 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 8.88 Billion
Market Size In 2033 USD 15.93 Billion
Largest segment ICE Luxury
Units Revenue in USD Billion
CAGR 6.69% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Propulsion
  1. ICE Luxury
  2. Hybrid
  3. EV Luxury
Vehicle Type
  1. Sedan
  2. SUV
Price Tier
  1. Mid
  2. Premium
  3. Ultra